Managing tax disputes effectively: an ex-IRAS tax litigator offers practical tips and suggestions for businesses
Broadly speaking, there are three main ways in which a tax dispute can arise. First, there may be different interpretations of the tax laws in question. Second, there may be disagreement in terms of how the tax laws are applied to the facts of the case. Third, there is disagreement on how the facts are …
The scrutiny of Celebrity influencers’ Social Media endorsements may help to reduce financial fraud scams.
Financial fraud continues to rise year on year, the cost of living crisis will drive even more people to look for ways of enlarging their income and inevitably fall for fake investment opportunities presented to them. As the regulating authorities and law enforcement introduce measures to obstruct the methods fraudsters use to target victims, the …
Limitation and exclusion of liability clauses, what they can and cannot include.
Any commercial transaction carries the risk of liability to the parties. In order to mitigate the risk commercial contracts nearly always contain a contractual term known as an exemption clause. The purpose of exemption clauses is to attempt to exclude or restrict a party’s liability to the other in the event of a breach of …
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Writing Wills for your European property
The global disruption caused by the pandemic has led many people to re-consider their way of life. The lure of the relaxed lifestyle across a number of European countries together with the warmer climate and Mediterranean diet has resulted in an increase in British citizens relocating to countries in the European Union.
Relocation to Europe to avoid the growing cost of living in the UK
Having lived through the unprecedented times experienced during the past two to three years due to the unexpected and all-encompassing pandemic which severely impacted on commerce across the world and now faced with the economic consequences of the war in the Ukraine, many British citizens are considering a complete change of lifestyle by realising their …
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Higher levels of Age Discrimination cases emerging as Older employees often do not fear not receiving a Reference
The past two the three years have seen the biggest changes to the workplace in recent years, from Zoom meetings to hybrid working. Senior management and HR departments must rapidly adjust to the new order.
How to avoid Investment Fraud – things to look out for
Investment fraud is surging due to the fact that immediately after the commercially crippling pandemic lockdown, and the war in Ukraine has rapidly driven up the cost of living. The difficult commercial landscape where profits are rapidly dropping creates fertile ground for investment fraud where the target is initially promised unrealistic returns on their investment.
Is the Turkish Competition Board Starting to Scrutinize Ancillary Restraints More Rigorously? – Vinmar/Arısan Transaction is Approved on the Condition that Scope of Non-Compete and Non-Solicit Obligations is Limited
This article aims to provide information regarding the ancillary restraints under Turkish Merger Control Regime and also analyses the Turkish Competition Board’s (“Board”) Vinmar/Arısan decision [1] which provides insight into the Board’s approach to assessing the scope of ancillary restraints in merger cases and foreshadows potentially stricter scrutiny over such restrictions. Even though the transaction …
Turkey: Registration of Commercial Enterprises Owned by Ordinary Partnerships
Under the Turkish Commercial Code, a commercial enterprise is defined as an enterprise, operating continuously and independently, aiming to generate income which exceeds the income thresholds stipulated for tradesman (“esnaf” in Turkish) enterprises.
Turkey: Website Requirements for Companies Subject to Independent Audit
Pursuant to Article 1524 of the Turkish Commercial Code (“TCC”) which was enacted in 2012, companies that are subject to independent audit are required to not only set up a website, which then will be registered to the trade registry and announced in the trade registry gazette, but also allocate a certain tab of their …
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